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QS - how then do you explain Tesla’s valuation?
13.25p trades are sells so MM’s happy to give that for stock. I top sliced enough at that level to pay for nearly all my investment here (but I have been here for ages and mostly between 3-4p cost) only because I’ve held others and been too greedy and not covered funds invested when I had the chance. This means I can now happily ride the other 80% of my holding and also use these funds to get the 20% back on a retrace. If it doesn’t retrace, then great - still very very happy!! GLA
Exactly - proves the point Puggs - they don't delay trades in their favour, only to their detriment. I agree that 300k is a big trade and well done to the punter who made profit on that. I would have been staggered not to see some grown up profit taking when the sp has risen so far and so fast (4p in November, so a 200% rise in under 2 months), but that doesn't mean that there is not further to go. The fundamentals are strong, there might be news re Maxwell, and we are still, imho, relatively undervalued.
Confirmed YGEN on Gov list but for me more importantly, tests show our product efficiency is unaffected by the new variant whereas some competitors tests, who knows!! Should be Boom but we’ll see!! GLA
Nothing RNS just clarifying that the Canaccord holding has reduced as a result of the new shares being issued by CPX and NOT because they actually sold any shares. Those shares being issued also accounts for the small sp drop so al still good here imho. GLA
Thanks Krispy - yes I was aware of that very sad news and sent my best to Wassatt Junior at the time but couldn’t go through the Roll of Honour without Wassatt taking prime position, especially on TSTR! Glad you made some back in EUA and hope we both one day see the 10p party here! I’ve taken a bath on these but c’est la vie I’ve also been fortunate on one or two from low levels like CPX & BIRD (the old FBT) and I’m mainly out of miners/oilies etc - the future doesn’t feel in that direction. To be honest, I’m significantly reduced in all AIM now - there’s very little truth (or perhaps it’s just sheer blooming ignorance) from the Boards and, on most, the word Dilution seems more like a creed than a financial instrument to be used occasionally! As a group, AIM directors are amongst the least qualified people to run their businesses - many are good technically at the outset but then flounder - and, as demonstrated by my first post in this thread, have no idea about realistic forward planning! On the other hand, you can certainly lose 100% on AIM stocks but where else can you make 500% occasionally - perhaps I’ll keep a few!! GLA
As all we longstanding T!Ts countdown the hours to delisting and I clear out my TSTR folder, I thought it might be interesting to hear the selling points made at a presentation at the Novotel Tower Bridge around 7-8 years ago. The main bullet points, taken down in my own fair hand, were:
- China is responsible 90% of the world's production
- Antimony is used in Flame ******ants and Batteries
- The market has a current growth rate of 3-6% per annum
- It is 300x more scarce than Copper
- It traded at a 'low' of $10,000 per tonne in the early 2000's but is now $13,000 and rising
- There is a deficit of 50/55,000 tonnes forecast over the next three years (so that would have been by 2016)
- We will become THE alternative processor to China
- The UAE is tax free and has good infrastructure
- The Roaster will cost $60m (stop laughing at the back please!)
- Of the 20,000 tonnes we aim to process per year, half will come from TSTR owned or controlled mines
- China had just taken an extra 7-8000 tonnes of Antimony ingots for internal use the week before and therefore reduced the world's production by 10% that week
- Japan needs to be independent of Chinese imports of Antimony within 3 years (so, again, 2016!)
- Electrical Cell in batteries is a HUGE new use of Antimony ....& finally, my favourite....
- We expect 9 months construction and then 3 months commissioning for the Roaster!!!
Bear in mind, this was all given as an Investor Presentation case around 7 years ago.
For the avoidance of doubt, I will remain with my shares tucked away but want to extend a warm heartfelt thanks to Wassatt (the original creator of the Morning T!Ts greeting), SHD, Krispy and all the posters that I have enjoyed over the last 8 years. I wish you and all the PI's still on this train the very best of luck and I hope we do arrive at Liquidity Station one day. For the last time on TSTR, I will say....GLA!!!
*CPT
CPL up 22% in early trading! As one of their 2 partners in their new Covid test, YGEN should rise well on the back of that. GLA
And another RNS relating to Covid testing via Concepta!
Concepta PLC (AIM: CPT), the personalised healthcare company, announces the launch of its DNA testing service, following the recent acquisition of The Genome Store. The testing service will be launched today under the new MyHealthChecked™ brand and the first test swab kit available will be a fast and reliable direct to consumer COVID-19 lab-based PCR test available to the UK public via a new ecommerce website.
The MyHealthChecked™ COVID-19 testing service will use the Clarigene® SARS-CoV-2 test supplied by Yourgene Health plc (AIM: YGEN) and the PrimeStore® MTM sample collection device supplied by EKF Diagnostic Holdings plc (AIM: EKF). The MyHealthChecked™ testing service allows samples to be quickly and conveniently taken at home using simple nasal collection swabs which are then sent via free postage for processing using established laboratory-based DNA and RNA detection methods.
Further down it reiterates that the YGEN SARS test is 99.9% effective. We must start benefiting now! GLA